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Decarbonizing while growing: Energy Transition in Southeast Asia’s power sector
Like most countries in the world, Southeast Asia’s economies have made their own nationally determined commitments during UN climate conferences. Southeast Asia will face an uphill challenge as they embark on energy transition toward net-zero, which will take place alongside continued strong economic growth as well as electrification.
In this research series, our power team highlighted and identified the key opportunities and risks for market participants along the energy transition roadmap of this region’s power sector. We invite you to explore the reports, videos, and webinars below that answer some of the thorniest questions on energy transition in the region, drilling deeper into each of the markets we follow.
You can also download our collection of selected report here.
Southeast Asia Energy Transition: The latest in power sector updates
Videos
Events
Seizing offshore wind investment potential in Southeast Asia
November 24 2022 | Asia Pacific Join us and register now to learn more about offshore wind opportunities in the Southeast Asia region.Lofty renewable targets in Southeast Asia: How to attract more private investments?
October 19 2022 | Asia Pacific Is the renewable sector able to attract sufficient investment to meet the targets?{"slidesToScroll": 1,"dots": true,"arrows": true,"autoplay":false}
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Experts
Xizhou Zhou
Xizhou has expertise in power and renewable market fundamentals analysis and forecasting, power market design and policy analysis, renewable energy business models, and company strategies, among other areas. He previously headed the firm's Power, Gas, Coal, and Renewables practice in Asia Pacific while based in Beijing, where he significantly expanded the group's research and consulting coverage across the region with new teams established in Singapore, Seoul, Tokyo, Delhi, Penang, and Brisbane. Xizhou began his career at S&P Global through one of its predecessor companies, Cambridge Energy Research Associates (CERA), as part of its Emerging Markets and Global Power groups in Cambridge, Massachusetts. Before that, he worked as a consultant on regulatory economics for Industrial Economics, Inc. in Boston and as a research analyst at the World Resources Institute in Washington, DC. Fluent in Mandarin Chinese and proficient in Spanish. He serves as an editorial board member of China Petroleum Society's official journal, Guoji Shiyou Jingji (International Petroleum Economics). He is currently based in Washington, DC.Xizhou holds a Bachelor of Arts and a Master of Environmental Management, both from Yale University in the United States.
Allen Wang
Dr. Allen Wang is the research lead of the Asia Pacific Regional Integrated service at S&P Global Commodity Insights. He is a highly experienced energy market research leader with 12 years of experience in power and gas markets in various countries. He is also responsible for providing consulting advisory to commercial clients in energy market planning, regulation, operation, and policies. Prior to joining S&P Global, Dr. Wang was the R&D manager and lead consultant at Energy Exemplar, working on PLEXOS development team management; various utility industry consulting assignments; and system implementations, workshops, and trainings for worldwide clients.Dr. Wang is a fellow of the Australian Institute of Energy (AIE) and member of the Institute of Electrical and Electronics Engineers (IEEE). He holds a Bachelor of Science and a Master of Science from Huazhong University of Science and Technology, China, and a Ph.D. from the University of Technology Sydney, Australia.
Cecillia Zheng
Cecillia has extensive work experience and a deep understanding of the power and renewable markets. She helps clients develop holistic view toward in Southeast Asia's power and energy market and provides valuable insights in this regulated and highly uncertain market. Her consulting engagements have covered a broad range of issues, including market entry strategy for power players, power assets assessment and valuation, commercialization strategy for natural gas resources, and energy supply-demand outlooks. Prior to joining S&P Global, Cecillia worked with Alstom Power (now GE Power) , where she was responsible for market intelligence on power generation fuel competition for both thermal and renewable resources.Cecillia holds a Bachelor of Science degree from Nanjing University, China, and a master's degree from ESCP Europe, France.
Vince Heo
Vince focuses on power and renewable market development and LNG demand analysis. He has more than 12 years of experience in consultancy and industry, with a strong background in policy research, strategy development, and financial analysis in the energy sector. Prior to joining S&P Global, Vince was a senior manager at Ernst & Young, where he led the Power & Utilities consulting practice and assisted clients in the government, power and utilities, financial services, and technology companies in the areas of renewables, energy storage, and other emerging technologies. He also served as an advisor to South Korea's Ministry of Trade, Industry and Energy and the Korea Electric Power Corporation on new energy businesses. Prior to that, he held posts at the Global Green Growth Institute, Bloomberg, and Procter & Gamble.Vince holds a Bachelor of Arts in agricultural economics from Seoul National University, South Korea, and a Master of Science in environmental policy and regulation from the London School of Economics, United Kingdom.
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